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by BrazilGovNews published Aug 04, 2016 05:52 PM, last modified Aug 04, 2016 05:52 PM
Temer decrees official mourning for the death of Justice Teori Zavascki
Tribute

Temer decrees official mourning for the death of Justice Teori Zavascki

President described the trajectory of the Supreme Court Justice, who died at age 68 in a plane crash in Paraty (state of Rio de Janeiro), as "impeccable"

by BrazilGovNews published Jan 19, 2017 12:00 AM News
Government offers R$ 12 billion for pre-funding under the Harvest Plan
Agriculture

Government offers R$ 12 billion for pre-funding under the Harvest Plan

Resources will be provided through the National Programme to Support Medium-Sized Farmers, offered at 8.5% p.a. interest

by BrazilGovNews published Jan 19, 2017 12:00 AM News
Brazil launches negotiations for Mercosur-EFTA free trade agreement
Foreign Trade

Brazil launches negotiations for Mercosur-EFTA free trade agreement

Speaking in Davos, Minister Marcos Pereira highlighted the importance of partnership for the expansion of trade relations of Mercosur countries

by BrazilGovNews published Jan 19, 2017 12:00 AM News
Foreign trade policy is a government priority, says minister
World Economic Forum

Foreign trade policy is a government priority, says minister

Industry, Foreign Trade and Services Minister Marcos Pereira said Brazil's 2016 results were encouraging

by BrazilGovNews published Jan 18, 2017 12:00 AM News
Petrobras completes sale of US$ 4 billion in bonds abroad
Securities

Petrobras completes sale of US$ 4 billion in bonds abroad

Demand for the bonds was about five times higher than the final offered volume

by BrazilGovNews published Jan 18, 2017 12:00 AM News
Temer: solution for prison system requires "joint efforts"
Public Safety

Temer: solution for prison system requires "joint efforts"

During a meeting with state governors and Public Safety secretaries, the president highlighted the importance given by the federal government to the issue

by BrazilGovNews published Jan 18, 2017 12:00 AM News
Brazilian coffee accounts for 31.3% of global production
Agriculture

Brazilian coffee accounts for 31.3% of global production

Expectations are that the harvest will reach 47.51 million 60 kg bags. Revenues should reach R$ 22.2 billion

by BrazilGovNews published Jan 18, 2017 12:00 AM News
Temer offers Armed Forces support for actions in state prisons
Safety

Temer offers Armed Forces support for actions in state prisons

President ordered the creation of a commission to reform the prison system and called for greater integration between intelligence sectors

by BrazilGovNews published Jan 17, 2017 12:00 AM News
Share of renewables in Brazilian energy grid reaches 43.2%
Energy

Share of renewables in Brazilian energy grid reaches 43.2%

According to the report, oil production increased by 9.2% compared to the same period last year

by BrazilGovNews published Jan 17, 2017 12:00 AM News
Down the hills of Serra da Canastra
One of a Kind Tourism

Down the hills of Serra da Canastra

The Brazilian park beauty of the native vegetation meets adventure and gastronomic tourism showing off its versatility

by BrazilGovNews published Jan 17, 2017 12:00 AM News
Vale shares up 25% in 16 days on high iron ore prices
Financial Market

Vale shares up 25% in 16 days on high iron ore prices

Mining company's shares soared with hike in the commodity's price in China. Movement can lead to more investment and job creation by the company

by BrazilGovNews published Jan 16, 2017 12:00 AM News
Market betting on 9.75% p.a. for basic interest rate in 2017
Focus Bulletin

Market betting on 9.75% p.a. for basic interest rate in 2017

Analysts polled by the Central Bank forecast continued decline in the base rate (Selic). For 2018, the expectation is that the rate will retreat to 9.5%

by BrazilGovNews published Jan 16, 2017 12:00 AM News
Minister of Finance predicts positive GDP in Q1 2017
Davos

Minister of Finance predicts positive GDP in Q1 2017

Henrique Meirelles highlight international "curiosity" regarding Brazil's economic scenario and the measures for recovering growth

by BrazilGovNews published Jan 16, 2017 12:00 AM News
Temer highlights job creation as a government priority
Interview

Temer highlights job creation as a government priority

In an interview with news agency Reuters, President Temer listed the measures taken for the country's economic recovery

by BrazilGovNews published Jan 16, 2017 12:00 AM News
Brazil increases added-value product exports in 2016
Trade Balance

Brazil increases added-value product exports in 2016

Manufactured goods production grew by 8% compared to 2015, while semi-manufactured goods increased 9.5% in the same period

by BrazilGovNews published Jan 16, 2017 12:00 AM News
Brazil breaks another record in coffee exports
Foreign Trade

Brazil breaks another record in coffee exports

Sales of Arabica and soluble coffee reached their highest annual total in 2016 since the product started being exported from the country. The industry as a whole earned US$ 5.4 billion in 2016

by BrazilGovNews published Jan 14, 2017 12:00 AM News
Economic activity hits record increase of 0.20% in November
IBC-Br

Economic activity hits record increase of 0.20% in November

Favourable result for the period was driven by retail sales, which grew 2% in November compared to October

by BrazilGovNews published Jan 13, 2017 12:00 AM News
Industry revenue grows 4.5% in November
Advances

Industry revenue grows 4.5% in November

Data from the National Industry Confederation (CNI) suggests that the sector is starting to recover; hours worked have also increased

by BrazilGovNews published Jan 13, 2017 12:00 AM News
Brazil builds stage for sustainable growth
Economic Recovery

Brazil builds stage for sustainable growth

Inflation, dollar, Brazil risk, interest rates, exchange rate, trade. All factors show that the economy is increasingly sustainable

by BrazilGovNews published Jan 13, 2017 12:00 AM News
Petrobras beats target, hits record output
Oil

Petrobras beats target, hits record output

Oil and gas production reached 2.63 million barrels of oil equivalent/day, the highest ever recorded for the company

by BrazilGovNews published Jan 11, 2017 12:00 AM News
Government invested R$ 42 billion in infrastructure projects in 2016
Infrastructure

Government invested R$ 42 billion in infrastructure projects in 2016

Minister of Planning, Budget and Management says funds were used to ensure the timely payment of construction works

by BrazilGovNews published Jan 11, 2017 12:00 AM News
Inflation rate closes 2016 at lowest level in three years
Cost of Living

Inflation rate closes 2016 at lowest level in three years

National Broad Consumer Price Index (IPCA) ended year at 6.29%, the lowest rate since 2013. Drop in food prices was a significant contributor

by BrazilGovNews published Jan 11, 2017 12:00 AM News
Brazil breaks record in installed power capacity
March

Brazil breaks record in installed power capacity

Wind power accounted for 27% of total installed capacity as of November, representing the second-largest source of power generation in Brazil

by BrazilGovNews published Jan 11, 2017 12:00 AM News
Central Bank makes largest cut to basic interest rate in nearly five years
Economic Recovery

Central Bank makes largest cut to basic interest rate in nearly five years

Selic benchmark rate went from 13.75% to 13% p.a. Central Bank also modified its inflation forecast for this year and 2018

by BrazilGovNews published Jan 11, 2017 12:00 AM News
In Portugal, Temer says Mário Soares intensified relations with Brazil
Foreign Affairs

In Portugal, Temer says Mário Soares intensified relations with Brazil

President Michel Temer has conveyed the condolences of the Brazilian people for the death of the former Portuguese president

by BrazilGovNews published Jan 10, 2017 12:00 AM News
Brazilian grain production expected to reach 215 million tons
2016/2017 Harvest

Brazilian grain production expected to reach 215 million tons

Number represents a 15.3% increase compared to the previous harvest, up from 186.7 million tons, according to Conab

by BrazilGovNews published Jan 10, 2017 12:00 AM News
Retail sales grow 2%, breaks series of downturns
IBGE

Retail sales grow 2%, breaks series of downturns

Monthly survey released Tuesday (10 January) shows stronger retail sales and faster moving economic recovery

by BrazilGovNews published Jan 10, 2017 12:00 AM News
Market forecasts 2.3% GDP growth for 2018
GDP

Market forecasts 2.3% GDP growth for 2018

Data from Central Bank's Focus Bulletin shows more favourable scenario for the coming years, with more growth and low inflation

by BrazilGovNews published Jan 09, 2017 12:00 AM News
Temer: Inflation control will have reflection on production and investment
Economy

Temer: Inflation control will have reflection on production and investment

For Michel Temer, inflation within the target should result in a "responsible fall" of interest rates in the country

by BrazilGovNews published Jan 09, 2017 12:00 AM News